HUL and ITC Shares Take A Hit As Competition Heats Up | Stock Market News

FMCG giants Hindustan Unilever (HUL) and ITC Ltd witnessed a dip in their share prices after the release of their Q2 results. While HUL's net profit rose 3.8%, its volume growth came in below estimates. ITC's net profit rose 10.3%, but its margins were below expectations.